Private Higher Education in Maryland: A Report Concerning the Financial Condition of Private Higher Education in Maryland and the State's Relationship to these Institutions to the Govenor, the General Assembly, and the Maryland Council for Higher Education.

Maryland Council for Higher Education, Annapolis.

This document reports a study of the financial viability of private institutions of higher education in Maryland. Study findings indicated that the present level and form of State assistance is not adequate in terms of the private institution's needs and that both should be altered. Also an ongoing aid program should be developed which might more adequately preserve the viability of these institutions. Recommendations suggest the amount of annual assistance be computed by multiplying $243 by the fall semester Full Time Equivalent enrollment at private institutions of higher education and accumulatively adjusting the $243 yearly after fiscal year 1973-74 by the consumer price index computation applied yearly to the State of Maryland Retirement Systems. This recommendation would in the first year increase the State assistance to these colleges and universities from $2,700,000 to approximately $4,800,000. (Author/MJM)